【今日单词】
复习之前出现过的一个单词，你还记得吗：
scrutinise
verb.
examine or inspect closely and thoroughly.
"customers were warned to scrutinize the small print"
在评论中用它造个句加深记忆吧~
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原文如下：
The day in the markets
by Ian Johnston, Harriet Clarfelt and Derek Brower
(来自：The Financial Time 金融时报)
What you need to know
• Wall Street and oil hit by interest rate and recession fears
• Asia currencies under pressure
• Government bond values fall
US stocks and oil prices dropped yesterday as investors scrutinised economic data for clues about how aggressively the Federal Reserve will raise interest rates to curb inflation.
The broad S&P 500 gauge was down 0.6 per cent by late morning in New York. The technology-heavy Nasdaq Composite lost 0.9 per cent. European equities also slipped, with the regional Stoxx 600 index declining 0.6 per cent.
Those moves came as fresh reports on the US labour market and retail sales gave mixed signals about the health of the world’s largest economy, less than a week before the Fed announces its next monetary policy decision.
First-time jobless claims in the US came in lower than expected yesterday, at 213,000 for the week ending September 10 — down from 218,000 for the week before and lower than economists’ forecasts of 226,000. That data pointed to a tight labour market, one of the factors taken into account by the Fed as it strategises on borrowing costs.
Retail sales for August were hotter than expected — rising 0.3 per cent month on month, compared with expectations of zero growth.
Earlier this week, worse than expected US inflation data had spurred investors to crank up their estimates of how far and fast the Fed would increase rates to cool demand. Markets are now pricing in a one-in-four chance that the US central bank will hoist rates by a full percentage point next week, slightly lower than the one-in-three chance priced in immediately after the inflation report.
The prospect of aggressive monetary policy tightening by the Fed has intensified pressure on currencies in Asia, where some central banks have maintained a much looser stance.
Japan’s yen hovered around its weakest point in 24 years, while South Korea’s won traded at levels last seen in March 2009.
In a sign of traders expecting more assertive Fed action, government debt markets came under pressure, with the yield on the policy-sensitive two-year US Treasury note rising 0.07 percentage points to 3.85 per cent. Germany’s two-year Bund yield added 0.13 percentage points to 1.52 per cent.
Oil prices fell sharply amid mounting fears of recession and lower demand, with international benchmark Brent down more than 3 per cent to $91.24 a barrel.US oil prices were off 3 per cent to just over $86 a barrel.
